New Delhi, Jan. 19 -- Apollo Micro Systems announced a Rs.300 crore capital expenditure (capex) expansion plan of an upcoming defence project for which the Telangana government has allotted more than five acres of land to the company in Hyderabad, according to an exchange filing.

The project will focus on manufacturing, assembly, integration and testing of weapon system platforms, the company said in its BSE filing on Monday, 19 January 2026.

The Rs.300 crore investment will come on top of the Rs.27.58 crore land acquisition cost for more than five acres of land in Hyderabad at an allotment price of Rs.12,000 per square metre, the company said, highlighting that the project represents an expansion of its weapon integration facilities in...